IT Value-added tax (VAT) Rates Italy — Value-added tax (VAT)

General VAT Rate Other Rates Local Currency
22% 10%, 5%, 4% Euro (EUR)

Italy's general VAT rate is 22%, with other rates including 10%, 5% and 4% that can apply to certain transactions. The Value-added tax (VAT) is administered by the Ministry of Finance (http://www.finanze.it) in Rome.

Visitors to Italy can qualify for a VAT refund on all purchases made for export - learn more about Italy VAT refunds here.

Italy has the following special reduced VAT rates:

10% reduced VAT rate on: hotels, restaurants, some foodstuffs; domestic energy; telephony
4% reduced VAT rate on: basic food / groceries, livestock; print newspapers.

Italy is a member of the European Union (EU) Member State trading bloc, which may affect international VAT collection and regulations.

Italy's consumption tax is called the Value-added tax (VAT), locally known as Imposta sul valore aggiunto (IVA), which was introduced in January 1973.


Italy VAT rates for 2017

Standard
22%
Reduced
4%, 5% and 10%
Other
Exempt and exempt with credit

Italy VAT number format

Businesses in Italy that are required to collect tax will be issued an identification number. Tax identification numbers can be verified with the Ministry of Finance, and will follow a certain format. The VAT number format is IT 0 4 1 9 6 7 6 0 0 1 3.

VAT returns

Annual (all businesses)


Italy Value-added tax (VAT) Thresholds

These are the revenue thresholds at which businesses in Italy are required to start collecting and remitting tax.

Registration
None
Deregistration
None
Distance selling
EUR35,000
Intra-Community acquisitions
None

Recovery of VAT by non-established businesses

Non-established businesses are small, unincorporated businesses that sell taxable goods and may consist of a single individual, or several. Non-incorporated businesses in Italy are required to collect taxes from the consumer.


Italy VAT Refunds

Italy has a VAT refund program that allows tourists and others to receive a refund of any Italy VAT paid on goods purchased in Italy that are being exported from the country.

The minimum purchase amount needed to claim a VAT refund is €154.95 Euros (which would yield a VAT refund of about €34.089). SalesTaxHandbook has detailed information about Italy's VAT refund program:

Learn More About Italy VAT Refunds

IT Value-added tax (VAT) Rates Italy Tax Sources & Citations

  • EN: Italy Value Added Tax
  • RU: НДС Италия
  • CN: 意大利 增值税
Note: This page is intended to be a simple overview of Italy's consumption tax structure, is provided as-is, and is not legal advice. Please let us know if any of the Italy tax information on this page is incorrect or out of date.
Citations:
  1. Italy Ministry of Finance (http://www.finanze.it)
  2. Ernst & Young global VAT tax study, Italy (updated 2017)

  3. ← Back to World VAT Rates
** This Document Provided By SalesTaxHandbook **
Source: http://world.salestaxhandbook.com/it-italy